BorgWarner (BWA)

• Market cap: $5.81B
• 1 day: 1.65%
• 5 days: 3.04%
• 1 month: -6.70%
• 3 months: -18.09%
• 6 months: -24.23%
• Year to date: -15.55%
• 1 year: -16.98%
• 5 years: -1.96%
• 10 years: -56.44%
• Sector: Consumer Discretionary
• Industry: Auto Parts

About: BorgWarner is a tier one supplier of turbo and thermal management technologies, drivetrain systems, powerdrive systems, and battery and charging systems mostly to automotive original equipment manufacturers. Its products aim to move a vehicle with as few electrons as possible, resulting in cleaner, cost-optimized, and more-efficient vehicles. Foundational products, the combustion vehicle business, contributes more than 80% to group revenue while BorgWarner transitions to becoming an electric vehicle-centric parts supplier (e-business). In 2023, 25% of the company's revenue was sourced from Volkswagen and Ford. Revenue is well diversified geographically, with approximately a third each generated in North America, Europe, and Asia.

Employees: 38,300

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

43% more first-time investments, than exits

New positions opened: 103 | Existing positions closed: 72

31% more call options, than puts

Call options by funds: $23.1M | Put options by funds: $17.7M

6.63% more ownership

Funds ownership: 93.21% [Q3] → 99.84% (+6.63%) [Q4]

3% more funds holding

Funds holding: 599 [Q3] → 619 (+20) [Q4]

9% less repeat investments, than reductions

Existing positions increased: 214 | Existing positions reduced: 235

10% less capital invested

Capital invested by funds: $7.7B [Q3] → $6.94B (-$760M) [Q4]

40% less funds holding in top 10

Funds holding in top 10: 5 [Q3] → 3 (-2) [Q4]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $29 10% upside
• Avg. target: $37 41% upside
• High target: $49 85% upside

9 analyst ratings

• positive: 7 78%
• neutral: 2 22%
• negative: 0 0%

Barclays Dan Levy 16% 1-year accuracy 6 / 38 met price target	32% upside $35	Overweight Maintained	15 Apr 2025
Baird David Leiker 20% 1-year accuracy 1 / 5 met price target	10% upside $29	Neutral Maintained	15 Apr 2025
UBS Joseph Spak 25% 1-year accuracy 4 / 16 met price target	17% upside $31	Neutral Downgraded	10 Apr 2025
Goldman Sachs Kash Rangan 39% 1-year accuracy 11 / 28 met price target	29% upside $34	Buy Upgraded	10 Apr 2025
Piper Sandler Alexander Potter 40% 1-year accuracy 8 / 20 met price target	36% upside $36	Overweight Maintained	20 Mar 2025